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IDFC to merge with IDFC First Bank

IDFC Ltd shares which closed with a gain of 6.29 per cent at Rs 109.10 has a market capitalisation of Rs 17,455 crore. ....

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SC notice on RBI's plea to transfer petitions against LVS-DBS merger to one location


SC notice on RBI s plea to transfer petitions against LVS-DBS merger to one location
ANI |
Updated: Dec 22, 2020 13:59 IST
New Delhi [India], December 22 (ANI): The Supreme Court has issued a notice on the Reserve Bank of India s plea seeking to transfer all cases related to the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India pending before various High Courts to one location.
A bench headed by Justice Mohan M Shantangoudar last week sought responses from those who have filed petitions before the various High Court and posted the matter for further hearing in January 2021.
Five cases are pending before the Delhi High Court, Madras High Courts, Karnataka High Court and Bombay High Court challenging the Lakshmi Vilas Bank Limited (Amalgamation with DBS Bank India Limited) Scheme, 2020. ....

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